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Protocol Metrics

Definition

Protocol Metrics are quantitative measurements reflecting the operational status, usage, and economic activity within a blockchain network. These on-chain data points provide insights into the performance and adoption of a specific decentralized protocol, encompassing indicators such as transaction volume, active user addresses, total value locked in smart contracts, and network revenue generation. Analyzing these metrics helps assess a protocol’s health, growth trajectory, and overall utility within the broader digital asset ecosystem. They offer a transparent view into the actual usage and economic throughput of a blockchain application.